Worldwide Healthcare (LON:WWH) Stock Price Passes Above Fifty Day Moving Average of $328.18

Worldwide Healthcare (LON:WWH)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 328.18 ($4.09) and traded as high as GBX 331.50 ($4.13). Worldwide Healthcare shares last traded at GBX 330.50 ($4.11), with a volume of 806,854 shares traded.

Worldwide Healthcare Stock Performance

The business has a 50 day moving average of GBX 328.57 and a 200 day moving average of GBX 312.50. The company has a market capitalization of £1.90 billion, a P/E ratio of -32,700.00 and a beta of 0.32. The company has a quick ratio of 0.43, a current ratio of 0.64 and a debt-to-equity ratio of 2.60.

Insider Activity at Worldwide Healthcare

In other news, insider Sven Borho purchased 50,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was bought at an average cost of GBX 322 ($4.01) per share, with a total value of £161,000 ($200,423.25). 0.48% of the stock is owned by corporate insiders.

About Worldwide Healthcare

Worldwide Healthcare Trust PLC is a closed ended equity mutual fund launched by Frostrow Capital LLP. The fund is managed by OrbiMed Capital LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the healthcare sector, with an emphasis on pharmaceutical and biotechnology companies.